Brazil: No Trade Impact to Iran Shipping Impasse

July 24, 2019

Brazil's foreign trade secretary Lucas Ferraz said there are no signs that the impasse involving Iranian ships without fuel near Brazilian ports will affect bilateral trade relations.

So far, Ferraz said, there has been no impact on Brazilian exports to Iran. The ships, scheduled to bring grains back to Iran, lack fuel for the journey because state-run oil company Petroleo Brasileiro SA refused to sell them bunker fuel due to U.S. sanctions on Iran.

Reporting by Rodrigo Viga Gaier

Logistics News

WattHub Opens Second Fast Charging Plaza in Rotterdam

WattHub Opens Second Fast Charging Plaza in Rotterdam

CMA CGM Resumes Food Cargo Trade with Russia

CMA CGM Resumes Food Cargo Trade with Russia

STI, Frutas de Chile Launch Cherry Season with Largest Number of Direct Shipments to Asia

STI, Frutas de Chile Launch Cherry Season with Largest Number of Direct Shipments to Asia

Diesel-Electric Vessel MV Vertom Quina Launched

Diesel-Electric Vessel MV Vertom Quina Launched

Subscribe for Maritime Logistics Professional E‑News

CMA CGM, the shipping giant, resumes Russia trade by bringing in food cargo
Canada Post and union reach agreement in principle to end lockouts and strikes
Sources: US threatens to cut off intel and weapons to force Ukraine into peace agreement